Nestle's Cocoa Ad. Founder Henri Nestlé. Total equity Decrease CHF58.40 billion (2518). In 1867 in Vevey, Switzerland, Henri Nestlé developed milk-based baby food and soon began marketing it. Nestlé was the solution Peter needed to fix his problem of removing all the water from the milk added to his chocolate, thus preventing the product from developing mildew.
eBay